Mr Sparks is the CEO of a large manufacturing company. He believes strongly that he is the keeper of all the knowledge of what is best for the company. Mr Sparks has traditionally prepared all of the budget estimates himself and then communicated the results to his department managers. In the past several years, however, he has begun to notice that the department managers rarely manage to stay within their budgets and have many excuses for their failures. Mr Sparks has also noticed an increase in his employee turnover, particularly at the managerial level.
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The Answer of Mr Sparks is the CEO of a large manufacturing company. He believes strongly that he is the keeper of all the knowledge of what is best for the company. Mr Sparks has traditionally prepared all of the budget estimates himself and then communicated the results to his department managers. In the past several years, however, he has begun to notice that the department managers rarely manage to stay within their budgets and have many excuses for their failures. Mr Sparks has also noticed an increase in his employee turnover, particularly at the managerial level.
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Mr Sparks Is the CEO of a Large Manufacturing Company